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S. 3714

BillFederalSenateIn Committee
Coal Energy Bridge Act of 2010
About This Bill
Committee
Latest Action · August 5, 2010
Read twice and referred to the Committee on Finance.
Congress
111th (2009–2011)
Introduced
August 5, 2010
Cosponsors (1)
0D 1R
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Summary

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Coal Energy Bridge Act of 2010 - Amends the Internal Revenue Code to: (1) allow seven-year amortization of mechanical or electronic systems that are installed on a coal-fired electric generation unit and that reduce carbon dioxide emissions; (2) allow a new 30% tax credit for investment in carbon dioxide capture, transport, and storage property which is part of a qualified coal-fired electric generation unit; (3) expand the tax credit for carbon dioxide sequestration to allow for uses other than as tertiary injectants; and (4) allow a tax credit for investment in clean energy coal bonds.

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